Two Sigma Investments LP Decreases Stock Position in Brookdale Senior Living Inc. (NYSE:BKD)

Two Sigma Investments LP lessened its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 44.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,044 shares of the company's stock after selling 167,889 shares during the period. Two Sigma Investments LP owned 0.11% of Brookdale Senior Living worth $1,067,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Lazard Asset Management LLC raised its stake in Brookdale Senior Living by 6,029.2% during the fourth quarter. Lazard Asset Management LLC now owns 9,868 shares of the company's stock worth $49,000 after purchasing an additional 9,707 shares during the period. Crestline Management LP acquired a new position in shares of Brookdale Senior Living in the fourth quarter worth $64,000. Freestone Grove Partners LP acquired a new position in Brookdale Senior Living during the 4th quarter worth $65,000. Sherbrooke Park Advisers LLC purchased a new stake in shares of Brookdale Senior Living during the fourth quarter worth approximately $80,000. Finally, Cibc World Markets Corp purchased a new stake in shares of Brookdale Senior Living in the 4th quarter valued at approximately $90,000.

Brookdale Senior Living Stock Up 1.3%

BKD stock opened at $6.71 on Friday. The company's 50-day moving average price is $6.35 and its 200 day moving average price is $5.68. The company has a market cap of $1.57 billion, a P/E ratio of -7.53 and a beta of 0.81. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 20.05. Brookdale Senior Living Inc. has a 52 week low of $4.45 and a 52 week high of $8.12.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) EPS for the quarter, meeting analysts' consensus estimates of ($0.11). Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. On average, research analysts expect that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BKD shares. Royal Bank of Canada raised their target price on Brookdale Senior Living from $8.00 to $9.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Macquarie reaffirmed an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Finally, Barclays lifted their price objective on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a research report on Wednesday, April 16th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $7.70.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.

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